by Dan Mitchell | Jun 4, 2023 | Blogs, Economics
I was sour about China’s economic prospects more than 10 years ago, and these remarks from earlier this year show that I still think China’s economy is being held back by too much government. The people who think of China was or is an economic superpower do not pay...
by Dan Mitchell | May 8, 2023 | Blogs, Free Market
For a few decades, Chile was very interesting for fans of free markets. The country became famous for its system of personal retirement accounts, but there were many other reforms that liberalized the economy. Everything from free...
by Dan Mitchell | May 7, 2023 | Uncategorized
I wrote a few days ago about Latin America’s “pink tide” and how statist policies are driving away jobs and investment. Today, let’s look at John Stossel’s interview with Gloria Alvarez about the grim future of the region. I especially like the...
by Dan Mitchell | Apr 2, 2023 | Big Government, Blogs
At the risk of oversimplifying, here’s the three-sentence trajectory of Chinese economic policy. Crippling communist failure and suffering under Mao.Partial reform during the “Washington Consensus” era.Backsliding to more...
by Dan Mitchell | Mar 23, 2023 | Big Government, Blogs, Economics, Socialism
In Part I of this series, I documented the dramatic decline in living standards ever since socialists took power in Venezuela. In Part II, I compared Venezuela’s decline to the other Latin American nations, particularly the success story of Chile....
